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प्रश्न
How does the state fulfil the following socio-economic objective?
Reducing income inequality.
थोडक्यात उत्तर
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उत्तर
- Income inequality is very harmful to the society as a whole. The state can reduce income inequality through the system of progressive taxation, nationalisation of private industries and also by providing free education and medical facilities to the poor.
- By setting up public sector enterprises, the government can generate lots of new jobs for the unemployed.
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Role of State in Economic Development
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संबंधित प्रश्न
Match the following:
| Column I | Column II | ||
| A. | Impact of tax | (i) | Price stability |
| B. | Incidence of tax | (ii) | Simple to calculate |
| C. | Objective of Monetary Policy | (iii) | Ultimate burden of tax |
| D. | Proportional tax | (iv) | Original imposition of tax |
Define fiscal policy.
Explain the term proportional taxation.
Explain how indirect taxes can be inflationary.
Which one is better progressive or regressive taxation and why?
How does the state fulfil the following socio-economic objective?
Environmental protection.
Define a tax.
Discuss four fiscal policy objectives with reference to India.
Explain the term Incidence of a tax.
Citing reasons state the superiority of Progressive tax over regressive tax.
